COBRA

Operated by GHA BARNETT, LLC (P-5 302578) in the NEWARK, EAST (BARNETT SHALE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 283939District 09Field 65280200GasSaveExport
Value, all time
$8.4 M
Dec 2017 – May 2026
Value, last 12 filed months
$747 k
at the published price for each month
Months reported
102
no gaps in the span
Streams
1
gas

The Railroad Commission's own record for the field this lease produces from, including the spacing rule that governs how close together its wells may be drilled.

These are facts about the field, not about this lease. The field holds 21,881 leases and 22,468 wells, and the rule below applies to all of them.

Discovered
1981-10-15
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2009-09-29.

The Commission's schedule remark for this field reads: DESIGNATED AS UFT FIELD PER DOCKET 01-0299858

What this lease produced, and what it was worth

Oil and condensate are valued on the volume the state records as disposed of; gas and casinghead gas on the volume produced. They are different columns of different files, and the difference is not cosmetic.

StreamBasisVolumeValue
GasProduction2,442,992 Mcf$8,424,086
Total$8,424,086

Every month this lease reported (102)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

102 months

May 202625,659106.413.05$78,153
Apr 202626,96198.932.87$77,371
Mar 202623,01389.753.15$72,478
Feb 202620,29163.503.75$76,098
Jan 202622,04659.138.00$176,322
Dec 202521,04656.664.41$92,884
Nov 202515,61958.593.93$61,327
Oct 202516,78159.383.30$55,459
Sep 20259,66362.743.08$29,732
Aug 20257,44563.933.01$22,445
Jul 2025066.743.32$0
Jun 20251,58466.483.13$4,956
May 20251,48660.553.23$4,803
Apr 202515562.363.54$549
Mar 202528,52767.704.27$121,762
Feb 202524,14470.884.34$104,805
Jan 202525,94974.324.28$111,027
Dec 202418,08268.993.12$56,441
Nov 20243,81669.052.20$8,389
Oct 202421,27971.372.28$48,546
Sep 202419,13269.612.36$45,235
Aug 202413,95775.632.06$28,802
Jul 20246,20379.932.15$13,315
Jun 202419,76178.082.63$52,050
May 20241,08078.812.20$2,374
Apr 20241,85384.451.66$3,075
Mar 202477380.301.55$1,194
Feb 20242,05876.091.78$3,671
Jan 20249,74073.023.30$32,119
Dec 20231,32071.262.61$3,446
Nov 20232,00377.892.81$5,624
Oct 20231,82285.443.09$5,625
Sep 20232,96889.042.74$8,118
Aug 20232,57580.522.67$6,883
Jul 20231,37574.852.64$3,632
Jun 20231,68268.962.26$3,799
May 20232,26770.622.23$5,050
Apr 2023078.122.24$0
Mar 202313,60372.852.39$32,554
Feb 202315,96975.112.47$39,374
Jan 202317,08776.533.39$57,886
Dec 202216,00076.415.73$91,665
Nov 202214,23585.005.65$80,374
Oct 202215,27487.185.86$89,563
Sep 202214,61784.888.16$119,329
Aug 202215,92294.529.13$145,323
Jul 202218,182101.587.54$137,130
Jun 202224,119115.097.98$192,402
May 202221,816109.378.43$183,975
Apr 202227,267104.226.84$186,441
Mar 202226,972108.885.08$136,921
Feb 202228,63991.054.86$139,152
Jan 202229,27381.844.54$132,832
Dec 202121,16271.323.90$82,513
Nov 202113,30477.435.24$69,671
Oct 202118,82479.795.71$107,558
Sep 202118,81969.865.35$100,699
Aug 202119,36066.024.22$81,711
Jul 202126,12770.783.98$104,040
Jun 202122,73269.493.38$76,848
May 202122,04463.483.02$66,522
Apr 202121,41260.362.76$59,063
Mar 202123,95461.302.72$65,082
Feb 202120,05157.805.55$111,242
Jan 202124,36050.412.81$68,458
Dec 202023,72644.642.68$63,478
Nov 202022,98138.772.71$62,200
Oct 202024,64136.972.48$61,071
Sep 202024,53837.091.99$48,856
Aug 202026,09239.982.39$62,232
Jul 202026,57938.371.83$48,510
Jun 202025,59034.901.69$43,255
May 202028,23016.921.81$51,230
Apr 202030,62914.751.80$55,266
Mar 202028,04930.341.86$52,065
Feb 202026,96349.881.98$53,405
Jan 202028,34557.252.09$59,375
Dec 201930,20459.012.30$69,601
Nov 201929,08955.302.75$80,015
Oct 201930,84153.472.42$74,590
Sep 201930,82955.052.66$81,921
Aug 201931,89653.112.30$73,500
Jul 201932,68956.272.46$80,417
Jun 201932,66152.782.49$81,365
May 201934,98258.482.74$95,862
Apr 201934,84762.632.75$95,854
Mar 201937,44256.803.06$114,651
Feb 201934,99550.852.79$97,714
Jan 201940,13246.033.23$129,553
Dec 201841,97746.594.19$175,692
Nov 201842,66252.934.24$180,769
Oct 201846,44261.443.40$157,814
Sep 201842,89559.543.11$133,318
Aug 201850,88759.403.07$156,048
Jul 201853,95165.142.93$158,178
Jun 201855,57260.183.08$170,991
May 201861,89365.382.90$179,539
Apr 201864,22863.842.90$186,313
Mar 201875,21961.222.79$209,623
Feb 201878,59161.782.77$217,392
Jan 2018109,78062.874.01$440,143
Dec 201746,68657.272.92$136,394

How to read this page

The arithmetic is one multiplication per stream per month. Here it is, worked, on a real row from the table above.

May 2026 — as filed, then multipliedworked
Gas               25,659 Mcf  × $  3.05 =    $78,153

────────────────────────────────────────────────────
Month total                                  $78,153

The volumes are the state's, unchanged

Every barrel and every Mcf on this page is a number the Railroad Commission of Texas published in its monthly production query. Nothing is modelled, estimated or filled in.

The dollars are a multiplication, not a valuation

Volume × a published monthly price. It is not what the operator was paid: it takes no account of a contract, a differential, a transportation deduction, or the share any one owner holds.

Oil and gas are priced differently

Oil is a Texas realisation — the crude oil first purchase price. Gas is a benchmark, because no free Texas wellhead gas series exists at any date. The prices page publishes the difference rather than correcting it away.

A lease is not a well

The state reports oil on lease and gas on well, and this page is the lease grain. 09/G/283939 is the state's own key, not one this site invented.